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750 Makaleka Ave (Metro Honolulu)

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750 Makaleka Ave, Honolulu
Inquire / Showing / Video Tour
Call/Text Michelle (808) 352-2469 or use contact form.
We are expert real estate agents who know Kapahulu very well and have sold many homes in Honolulu. We would be happy to assist you too.
Description
Investment Opportunity in Desirable Kapahulu! This multi-family property sits on a large, level 7,036 sq ft lot with ample parking for 8+ vehicles, offering tremendous potential for the savvy investor or builder. The existing structure features 3 separate units—two 2-bedroom, 1-bath units upstairs and a 4-bedroom, 2-bath unit downstairs. The downstairs area has the potential to be split into two additional 2-bedroom, 1-bath units, perfect for rental income.The dwelling is in need of updates, but the A-2 zoning opens up exciting possibilities, including the potential to build an apartment complex—investors can explore maximizing this lot’s value.Conveniently located near parks, golf courses, shops, restaurants, and with easy access to beaches and town, this property is an ideal spot for future development or as a rental property. The property is vacant, making it a fantastic opportunity for someone looking to remodel, rent out the units, or capitalize on the land value.
Recent Activity
  • Feb 13, 2025 Listed at $1,999,000
Past Sales
(Kapahulu)
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About Kapahulu
Note: This page displays all real estate for sale in Metro Honolulu, which is 1 of Honolulu's 3 regions. The other regions are: Hawaii Kai and Diamond Head Region. If you are interested in searching the entire city of Honolulu, then visit our Honolulu homes for sale page.

Being the most urbanized part of Honolulu, that can limit your choices somewhat. Some Metro Honolulu neighborhoods, like Ala Moana, Waikiki and Kakaako are today almost exclusively condos. However, there are some great options for single-family homes in the Metro region.

A perfect example are the homes in the Nuuanu nei  ..... Read more.
The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 22, 2025.Information is deemed reliable but not guaranteed.
Other Metro Honolulu Homes
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$1,980,000
3086 Kaohinani Dr
6 Bds | 5.5 Ba
4,180 ft²
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$1,950,000
2724 Date St
10 Bds | 4 Ba
2,624 ft²
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$2,050,000
911 Winant St
10 Bds | 5 Ba
4,320 ft²
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$1,900,000
322 Auwaiolimu St
5 Bds | 3 Ba
2,164 ft²
Other Honolulu Homes
Black Point
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$2,039,000
4101 Black Point Rd
2 Bds | 1 Ba
990 ft²
St. Louis Heights
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$1,950,000
2640 Peter St
6 Bds | 5 Ba
2,936 ft²
Queens Gate
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$2,050,000
1016 Laukupu Way
3 Bds | 2 Ba
1,914 ft²
Kaimuki
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$1,900,000
833 10th Ave
8 Bds | 4 Ba
2,959 ft²
Salt Lake Honolulu & Moanalua
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$1,899,990
1007 Wiliki Dr
6 Bds | 4 Ba
4,132 ft²
Manoa
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$2,100,000
2326 Sonoma St
5 Bds | 4 Ba
1,981 ft²
  • Asking Price: $1,999,000
Description
Investment Opportunity in Desirable Kapahulu! This multi-family property sits on a large, level 7,036 sq ft lot with ample parking for 8+ vehicles, offering tremendous potential for the savvy investor or builder. The existing structure features 3 separate units—two 2-bedroom, 1-bath units upstairs and a 4-bedroom, 2-bath unit downstairs. The downstairs area has the potential to be split into two additional 2-bedroom, 1-bath units, perfect for rental income.The dwelling is in need of updates, but the A-2 zoning opens up exciting possibilities, including the potential to build an apartment complex—investors can explore maximizing this lot’s value.Conveniently located near parks, golf courses, shops, restaurants, and with easy access to beaches and town, this property is an ideal spot for future development or as a rental property. The property is vacant, making it a fantastic opportunity for someone looking to remodel, rent out the units, or capitalize on the land value.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on March 22, 2025.Information is deemed reliable but not guaranteed.
    • Feb 13, 2025 Listed at $1,999,000
    Note: This page displays all real estate for sale in Metro Honolulu, which is 1 of Honolulu's 3 regions. The other regions are: Hawaii Kai and Diamond Head Region. If you are interested in searching the entire city of Honolulu, then visit our Honolulu homes for sale page.

    Being the most urbanized part of Honolulu, that can limit your choices somewhat. Some Metro Honolulu neighborhoods, like Ala Moana, Waikiki and Kakaako are today almost exclusively condos. However, there are some great options for single-family homes in the Metro region.

    A perfect example are the homes in the Nuuanu nei  ..... Read more.
    Other Metro Honolulu Homes
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    $1,980,000
    3086 Kaohinani Dr
    6 Bds | 5.5 Ba
    4,180 ft²
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    $1,950,000
    2724 Date St
    10 Bds | 4 Ba
    2,624 ft²
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    $2,050,000
    911 Winant St
    10 Bds | 5 Ba
    4,320 ft²
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    $1,900,000
    322 Auwaiolimu St
    5 Bds | 3 Ba
    2,164 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.